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Bank account details for a credit card application
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But who, other than your bank, is at liberty to divulge this sort of information?
It really depends on what they are aiming to achieve. If it was a simple validation check on an account number & sort code then there are numerous providers for this service - Experian, for example. If they are looking more in-depth and doing a URU check to ensure it is really your account that you have given details for, then a more specialist provider would be used. GBG would be the one that springs to mind, and probably the the most widely used, but there will be others who provide a similar service.0 -
It really depends on what they are aiming to achieve. If it was a simple validation check on an account number & sort code then there are numerous providers for this service - Experian, for example. If they are looking more in-depth and doing a URU check to ensure it is really your account that you have given details for, then a more specialist provider would be used. GBG would be the one that springs to mind, and probably the the most widely used, but there will be others who provide a similar service.
So where do GBG get my bank account details (account name, account number, sort code) from? I don't recall agreeing to something along the lines of "your bank account details will be passed to a third party for no particular reason other than future possible validation". Stroll on! With the likes of GBG around, no wonder identity theft is rife. Might as well just put the stuff on Facebook. One of these days I'll have to hit these gits with a SAR - find out just what they really know, and how they obtained it.0 -
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